JSW SteelNSE:JSWSTEEL +0.62%87 Current Ratio is 1.49 as of Mar. 2026, which is 66% above its 10-year median of 0.90. GuruFocus rates NSE:JSWSTEEL with a GF Score™ of 87/100 and a GF Value™ of ₹1,038.76 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 635 Steel companies, JSW Steel ranks worse than 55.59% on this metric.
The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. JSW Steel's current ratio for the quarter that ended in Mar. 2026 was 1.49.
JSW Steel has a current ratio of 1.49. It generally indicates good short-term financial strength.
The historical rank and industry rank for JSW Steel's Current Ratio or its related term are showing as below:
NSE:JSWSTEEL'
s Current Ratio Range Over the Past 10 Years
Min: 0.72 Med: 0.9 Max: 1.49
Current: 1.49
During the past 13 years, JSW Steel's highest Current Ratio was 1.49. The lowest was 0.72. And the median was 0.90.
NSE:JSWSTEEL's Current Ratio is ranked worse than 55.59% of 635
companies
in the Steel industry
Industry Median: 1.63
vs NSE:JSWSTEEL: 1.49
JSW Steel (NSE:JSWSTEEL) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
JSW Steel Current Ratio Related Terms
JSW Steel Current Ratio Historical Data
* Premium members only.
The historical data trend for JSW Steel's Current Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NSE:JSWSTEEL vs NUE, STLD, RS: Current Ratio Comparison
For the Steel subindustry, JSW Steel's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
JSW Steel Current Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, JSW Steel's Current Ratio distribution charts can be found below:
* The bar in red indicates where JSW Steel's Current Ratio falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
JSW Steel (NSE:JSWSTEEL) has a Current Ratio of 1.49 as of Mar. 2026. This is 66% above median its historical median of 0.90. Over the past decade, JSW Steel's Current Ratio has ranged from 0.72 to 1.49. According to the industry distribution chart, JSW Steel ranks #353 out of 635 companies in the Steel industry, placing it in the top 55.6%.
Is JSW Steel's Current Ratio too high?
JSW Steel's current Current Ratio of 1.49 is 66% above median its 10-year median of 0.90. Over the past 10 years, this metric has ranged from a low of 0.72 to a high of 1.49. The Steel industry median Current Ratio is 1.63. JSW Steel's value of 1.49 is 8.6% below this industry median. Based on the distribution chart, JSW Steel ranks #353 out of 635 companies in the Steel industry, which is below the industry midpoint. Overall, JSW Steel has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does JSW Steel's Current Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, JSW Steel ranks #353 out of 635 companies for Current Ratio. This places JSW Steel in the lower half of its industry. The industry median Current Ratio is 1.63. JSW Steel's value of 1.49 is 8.6% below this benchmark. Historically, JSW Steel's own Current Ratio has ranged from 0.72 to 1.49 over the past decade. While the company's 10-year median is 0.90 vs. the industry median of 1.63, JSW Steel has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Steel company?
The median Current Ratio among Steel companies is 1.63, based on 635 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. JSW Steel's current Current Ratio of 1.49 is 8.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Steel industry, the median Current Ratio is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JSW Steel's current Current Ratio is 1.49, which is 66% above median its own 10-year median of 0.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JSW Steel stock overvalued right now?
Based on GuruFocus' analysis, JSW Steel (NSE:JSWSTEEL) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹1,038.76, compared to a current price of ₹1,223.80 — trading 17.8% above its estimated fair value. The current Current Ratio is 1.49, which is 66% above median its 10-year median of 0.90 and 8.6% below the Steel industry median of 1.63. JSW Steel's overall GF Score™ is 87/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For JSW Steel (NSE:JSWSTEEL), the current Current Ratio is 1.49 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is JSW Steel (NSE:JSWSTEEL) Overvalued in 2026?
Based on GuruFocus' analysis, JSW Steel stock appears to be overvalued.
The current stock price of ₹1,223.80 is trading 17.8% above its estimated GF Value™ of ₹1,038.76.
GuruFocus considers JSW Steel to be Modestly Overvalued.
Key valuation signals for NSE:JSWSTEEL:
Current Ratio: 1.49 (66% above median its 10-year median of 0.90)
GF Value™: ₹1,038.76 vs. price of ₹1,223.80 (17.8% above fair value)
Industry Position: 8.6% below the Steel median (#353 of 635)
No single metric tells the full story. See the NSE:JSWSTEEL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
JSW Steel Ltd is an India-based company that is engaged in the business of manufacturing and selling steel products. Its steel products include semis, hot-rolled steel, cold-rolled steel, galvanized steel, color-coated steel, and long products. Its flat steel products (including hot-rolled, cold-rolled, and galvanized products), which account for the majority of the company's steel volume, are used in Indian automotive, construction, infrastructure, engineering, and consumer durable industries. Its long products are used in the Indian construction, infrastructure, and automotive industries. The company generates the majority of its revenue from the Indian domestic market.
87GF Score
Get the complete analysis for NSE:JSWSTEEL
Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:JSWSTEEL has been successfully added to your 
